The Andhra Pradesh government has allotted over 623 acres of land to Jain Irrigation Systems for setting up an integrated agriculture and horticulture park at Thangadancha Village, Jupadu Bangalow Mandal, Kurnool district on lease basis for 99 years. The market value of the land is Rs 4.5 lakh per acre and the total cost of the land is Rs 28 crore.
Jain Irrigation Systems is a manufacturer of a wide variety of PVC pipes, PE pipes, water and gas transportation pipes, ducts for optical fibre cables and drip irrigation pipes. It is also engaged in tissue culture of bananas and pomegranates and is the world’s largest processor of mangoes and is the world’s second largest processor of onions and vegetables.
| Company Name | CMP |
|---|---|
| Supreme Industries | 3705.80 |
| Astral | 1612.85 |
| Finolex Inds | 174.70 |
| Nilkamal | 1320.05 |
| Jain Irrigation Sys | 33.05 |
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